Curaleaf Holdings ( (TSE:CURA) ) just unveiled an update.
Curaleaf Holdings reported its fourth quarter and full year 2024 financial results, highlighting a slight sequential increase in fourth quarter revenue to $331 million and a gross margin of 48%. Despite a net loss of $71.8 million for the quarter, the company generated significant operating and free cash flow, and aims to expand its leadership position through its ‘Return to our ROOTS’ initiative, focusing on organic growth and innovation.
More about Curaleaf Holdings
Curaleaf Holdings, Inc. is a leading international provider of consumer products in the cannabis industry. The company focuses on driving organic growth, optimizing margins, and reducing debt, with a strong presence in international markets, Ohio, and New York.
YTD Price Performance: -20.12%
Average Trading Volume: 712,182
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.01B
See more insights into CURA stock on TipRanks’ Stock Analysis page.
Trending Articles:
Questions or Comments about the article? Write to editor@tipranks.com